Texas public power utility CPS Energy recently published its 2023 Community Impact Report, which details the progress in executing the utility’s strategic plan known as Vision 2027.
“The plan is focused on increasing energy reliability and resiliency, improving the customer experience, maintaining financial stability, and achieving goals such as the approved generation plan aimed at achieving a pathway to net zero and meeting San Antonio’s Climate Action & Adaptation Plan,” CPS Energy said on Aug. 21.
“I’m proud of the work CPS Energy did in 2023 to serve our community while also remaining focused on our mission of growing into the utility our community will need in the future,” said CPS Energy’s President and CEO Rudy Garza. “Our Vision 2027 strategic plan will continue to guide us through this time of transformation.”
“CPS Energy is driving a future where sustainability and energy equity are non-negotiable. Our actions today are building the resilient, reliable, and inclusive energy systems our community deserves,” said Janie Martinez Gonzalez, Chair of the CPS Energy Board of Trustees.
CPS Energy aims to meet CAAP interim goals to reduce carbon emissions by 41% by 2030 and 71% by 2040 from 2016 levels.
The utility will retire aging units and add more renewable energy. As of January 2024, renewable resources included 1049 megawatts of wind, 552 MW of solar, and 10 MW of battery storage.
CPS Energy notes that it has made significant progress through its Sustainable Tomorrow Energy Plan, which offers 19 different energy savings programs and rebates aimed at helping customers reduce energy usage, save money, and reduce overall energy demand on the grid.
The San Antonio utility signed up more than half of its existing customer base in these STEP programs.
The report also highlights the utility’s commitment to environmental stewardship and infrastructure resilience. CPS Energy enhanced emergency planning with the City of San Antonio and San Antonio Water System to better respond to emergencies during extreme weather while maintaining services.
As part of CPS Energy’s community impact, in 2023, the utility participated in 1,800 community outreach events and invested $1 billion in local and diverse business owners and suppliers.
“CPS Energy’s efforts demonstrate the focus on its commitment to serving the community by ensuring the utility can meet today’s and tomorrow’s energy needs,” it said.
